A product has a constant demand of 200 units per week. The cost to place an order
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A product has a constant demand of 200 units per week. The cost to place an order for inventory is $4,000. The holding cost for a unit in inventory is $0.16 per week.
a. Find the optimal lot size.
b. Calculate the cycle time. C. Calculate the corresponding cost of maintaining the inventory, assuming that no shortages are allowed.
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Foundations Of Airline Finance
ISBN: 9780415743259
2nd Edition
Authors: Bijan Vasigh, Kenneth Fleming, And Barry Humphreys
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